Qteros

Harnessing the power of nature for efficient and sustainable biofuel production.

General Information
Company Name
Qteros
Founded Year
1996
Location (Offices)
Founders / Decision Makers
Number of Employees
-
Industries
Biotechnology, Energy, Clean Energy
Funding Stage
Series D
Social Media

Qteros - Company Profile

**Qteros** is a biofuels company founded in 1996, formerly known as SunEthanol. The company's slogan, "Harnessing the power of nature for efficient and sustainable biofuel production," encapsulates its mission to innovate biofuels through microbe technology. Qteros' team of scientists and energy experts focuses on accessing sugars from trees, plants, and other abundant nonfood biomass. Their proprietary Q Microbe enables the conversion of eco-friendly biomass into cellulosic ethanol with greater efficiency than any other available technology. This process, initiated by a naturally occurring, renewable microbe, is straightforward, clean, and nearly carbon-neutral. The company's last investment was a **$7.00M Series D** round on **05 December 2014**, led by **Qualcomm Ventures**. As Qteros continues to develop its technology on a commercial scale, the company aims to make locally produced transportation fuel more affordable, cleaner, and sustainable as long as sunlight is available.

Qteros is tackling the challenges of sustainable energy production with its innovative approach to biofuels. By leveraging microbe technology, the company is seeking to revolutionize cellulosic ethanol production, promising a more efficient and eco-friendly alternative to traditional methods. The recent **$7.00M Series D** investment from **Qualcomm Ventures** signifies confidence in Qteros' potential to reshape the biofuels industry. The company's commitment to utilizing renewable resources and reducing carbon footprint aligns with the growing demand for sustainable energy solutions. As Qteros progresses towards commercial implementation of its technology, it holds the promise of positively impacting the accessibility and sustainability of transportation fuel.

Taxonomy: biofuels, microbe technology, cellulosic ethanol, sustainable fuel production, biomass conversion, clean energy, carbon-neutral technology, renewable resources, alternative energy, energy innovation

Funding Rounds & Investors of Qteros (4)

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Funding Stage Amount No. Investors Investors Date
Series D $7.00M 1 05 Dec 2014
Series C $22.00M - 05 Jan 2011
Series B $25.00M 3 19 Nov 2008
Series A Unknown 3 VeraSun Energy 14 Aug 2007

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